Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
How to Minimize Inflation in Your Life
#16
(03-17-2022, 03:34 PM)ss20ts Wrote:
(03-16-2022, 10:54 PM)Kal Di Wrote: In the past, I worked for U.S. companies while living abroad. My resident state in the U.S. does not have a state income tax, but I paid all of the other ones. I do not believe in evading taxes.

As far as working remotely in other countries, visa laws vary by country. For example, Mexico says that you can be a temporary resident and work in Mexico if your employer is based in your native country. Mexico only taxes locally sourced income, which doesn't apply to expats working online. Many young Americans are working like that here (some from the Silicon Valley companies, some from Forbes 500 companies, and others).

Regarding the tracking of ISP addresses, I agree that it's becoming more of a thing. Although, the main reason is that many Silicon Valley companies don't want to pay six figure salaries (to employees who don't live in those high cost of living areas) because they would rather save money by paying them a smaller (but still above average) salary relative to the cost of living of the employee's local area. Most employees can avoid that with an excellent VPN.
Lying about where you live is extremely unethical. Many companies have corporate policies in their employee handbooks about ethics and how violating their ethics/moral clauses can lead to termination. 

What happens if you move to Mexico and hate it for whatever reason? Or any country. It's not so easy to just pack up and move back. Moving is expensive. Also if one has settled down with a spouse, kids, dog, house, and all that jazz it's definitely not easy to just pick up and leave. There's far more to life than saving a few bucks on the cost of food.

Lying about where you live is not unethical unless it breaks a law or contractual agreement. When I go to the USA, I live in one of my properties. So, is it unethical to say I live there if it is not for a full year? Perhaps, you think so or not. If so, we will agree to disagree.

As I stated earlier in this thread, moving abroad can be a hassle in most cases. I have properties in the U.S. and live in Mexico because I want to accelerate to early retirement (which is "far more to life than saving a few bucks on the cost of food"). I know that it is a different lifestyle goal than someone who is married with kids, has pets, mortgage, and whatever else.
Completed:

Master's Degree, Coaching & Emotional Intelligence, Universidad Isabel 1
Master's Degree, Business Administration, Universidad Isabel 1
Master's Degree, Management, Universidad Isabel 1
Master's Degree, Corporate Communication, Universidad Isabel 1
Professional Certificate, TESOL, Arizona State University
Professional Certificate, IT Support, Google
Professional Certificate, Cybersecurity Analyst, IBM
Bachelor's Degree, Liberal Studies (Management Minor), University of Maine @ Presque Isle
Honors Certificate, Business Writing, University of Colorado
Master Herbalist Certification, Academy of Natural Health Sciences
 




Reply


Messages In This Thread
RE: How to Minimize Inflation in Your Life - by Kal Di - 03-18-2022, 06:22 PM

Possibly Related Threads...
Thread Author Replies Views Last Post
  OUTRAGE! - Attempt on President Trump's Life Charles Fout 34 18,243 01-05-2025, 07:14 PM
Last Post: DragonDF
  The Best Life Advice Thread natshar 10 3,743 05-14-2024, 10:35 AM
Last Post: bjcheung77
  Happy Mother's Day! Life is Good! Vanity Update Charles Fout 4 958 10-14-2023, 02:17 PM
Last Post: Charles Fout
Sad My Whole Life Was a Lie LevelUP 10 5,440 07-24-2022, 05:52 PM
Last Post: carrythenothing
  A Conversation About Inflation, Life Abroad, and Education Kal Di 0 730 05-31-2022, 05:02 PM
Last Post: Kal Di
  Why African Americans Prefer Life in Africa Kal Di 18 2,261 05-19-2022, 08:06 AM
Last Post: Tedium
  Living the Good Life on $24,000 a Year? Retire in Your 20’s or 30’s? LevelUP 34 8,139 03-26-2022, 12:28 PM
Last Post: ashkir
  You Versus Pandemic Inflation (What to Consider) Kal Di 14 2,002 03-16-2022, 05:32 AM
Last Post: Xyxyfendz
  Life After Career Switch Alpha 1 896 03-04-2022, 02:22 PM
Last Post: LevelUP
  Great Resignation - Better Balance of Life & Work? bjcheung77 5 1,326 01-30-2022, 08:17 PM
Last Post: uncapentin

Forum Jump:


Users browsing this thread: 1 Guest(s)